Tenova

Project Cost Controller

Job Description

Posted on: 
October 11, 2024

We are looking for a professional who is willing to join our Tenova Inc. AFC Department and motivated to work in an international and challenging environment.

This position aims to manage the financial aspects of all projects and Technical Services for Tenova Inc., be the Project Business Partner while supporting the Project Team envisaging and promptly suggesting corrective and improving action. Provide reliable and timely Tenova reporting.

Responsibilities

  • Manage the Internal Order Release process from the Control point of view. Coordinate with the Project Manager and Budgeting Department to ensure that the Budget split is adequate and that the control model follows the same structure.
  • Review & Closeout Projects every year.
  • Keep and report standards productivities and costs from previous projects and other sources of information to benchmark budgeting and progress of projects.
  • Coordinate, monitor, and control of Major Contracts from Order Set-Up and Budget inception, Project review with PMs & CFO, Revenue Recognition, Backlog, A/R Invoice Preparation & Final P/L review.
  • Control Project Schedules, properly reporting deviations from plan.
  • Guarantee and monitor the proper allocation of cost in the project network. Instruct and control that Engineering, AP, and other departments are following properly the cost accrual process.
  • Analyze control indicators interaction (especially, terms, resources, productivity standards and actuals, risk, costs, revenues, and margin) to understand the impact that each one has over the other.
  • Lead Project Monthly meetings with the CEO, CFO, Project Directors, and Project managers participation. Responsible for early reporting any improvement or deterioration in the projects as soon as detected.
  • Coordinate the activities to properly update the forecast every month.
  • Manage the billing summaries for projects and coordinate with Accounts Receivables that the invoices are issue in line with the commercial conditions of contracts and collected in time.
  • Coordinate all Project reports issuance. Manage the quarterly reporting including the Contract Summary, Project Forecasts, and Project Consolidation report as well as others required by Tenova HQ.
  • Assist with the annual financial audit.
  • Ad Hoc analysis and reporting as required by Tenova Inc. senior management and Tenova group.
  • Ensure compliance with the ISO Standards and Procedures to maintain the certification.
  • Occasional additional work within the department or for other departments may also be required, as needed.

Job Requirements

  • Bachelor’s degree in Industrial engineering, Management Engineering, Finance, or related field.
  • Freshly graduate or 1 to 3 years of experience in a similar position.
  • Proficient in Microsoft Office Suite software tools (especially, Spreadsheet and Presentation).
  • Basic knowledge of SAP or a comparable ERP/MRP.
  • Ability to prepare detailed reports and manage the most effective techniques and tools in report drafting.
  • Ability to plan and manage multiple tasks/projects.
  • Strong interpersonal communication skills.
  • Proactive, committed and solution/result driven.

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